TOI Commodities SA
Status: Proposed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our prospective customer?
Trans-Oil Group (TOG) is a leading vertically integrated agribusiness group operating across Moldova, Ukraine, Romania, and Serbia. It offers services such as grain handling, storage and trading, farming, and oilseed crushing. The company owns a unique distribution and export network in Moldova, which extends to the Black Sea region and upstream to the Danube basin. More than 80% of the company’s sales are exported to the European Union, the Middle East and North Africa (MENA) region, and Turkey.
What is our funding objective?
FMO intends to participate in a USD 43 million syndicated Pre-Crop Facility arranged by OTP Bank Plc, Hungary. This is a one-year working capital facility designed to fund a marketing campaign for TOG in the 2026 marketing season. FMO’s participation is expected to be up to USD 25 million.
Why do we want to fund this investment?
Through this funding, FMO intends to support farming in general, as well as a leading agribusiness player in Moldova. In 2024, Trans-Oil Group, one of the main agro-holdings in Moldova, provided jobs for approximately 2,500 people, mainly in rural areas. Furthermore, as TOG sources inputs locally, it is a major contributor to the strengthening of Moldova’s agricultural sector. In line with growing operations, the company is expected to create additional employment in the region.
What is the Environmental and Social categorization rationale?
FMO’s E&S risk categorization for traders with large processing plants applies a B+ risk category. Business activities include aggregation, distribution, processing, and trading of agro commodities. E&S operational risks and impacts are mostly site-specific with exception of risks of the supply chain. FMO’s Environmental and Social assessments via monitoring and due diligence activities indicate that the investment may have impacts that must be managed consistently with the following IFC Performance Standards: IFC PS1: Assessment and Management of Environmental and Social Risks and Impacts, PS2: Labor and working conditions, PS3: Resource Efficiency and Pollution Prevention, and PS4: Community Health, Safety and Security are applicable to this project. PS6 (Biodiversity Conservation and Sustainable Management of Living Natural Resources) is triggered mainly due to the potential indirect impact of the primary supply chain. PS5 (Land Acquisition and Involuntary Resettlement), PS7 (Indigenous Peoples), and PS8 (Cultural Heritage) are considered not applicable to the company operations.
More investments
- Website customer/investment
- https://transoilcorp.com/en/page-home/
- Region
- Europe & Central Asia
- Country
- Moldova, Republic of
- Sector
- Agribusiness, Food & Forestry
- Publication date
- 9/17/2025
- Deadline for feedback
- 11/16/2025
- Total FMO financing
- USD 43.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+